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20121001
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marketas kind of been quietly supporting some of e economic data, you had last week's jobless cla improving a little bit. and this number, i don't think there is wide expectations, 100, 120,000 which will be consistent with what the economy is doing in the gdp and 1.will to 3% range. but those are fundamentals that could support a higher equity prices, so until you see a few months of negative numbers or much lower numbers from job growth and gdp slipping below 1%, i think buying on dips and you know, watching the market kind confi creep higher is the game plan. >> scott, you mentioned are you looking at opportunities. and you may have an opportunity later this week when the market reopens. what-- what ought you to be looking at? >> well, some of the sectors that we like are tied to the cyclicality of the economy. i any we're going to continue at a modest or slow gdp pace here in the states. i think globally the recovery is going to continue a little bit slower than it has been. in the past. but still continuing forward. so things like the consumer discretionary sector still like technology
deck cla r declarations, which speeds up red tape, bureaucratic issues to get money to the states, allows states to spend money that they don't have because the federal government will back them up. stuff like that. then there is getting the briefings from his national security team, sort of the homeland domestic security team. that's john brennan. janet napolitano, and then of course chris fugate who is the head of fema but he was brought in as sort of -- he was jeb bush's head of emergency planning in florida during that period, if you recall, when florida went through four hurricanes. all of the other states didn't seem to do it and this guy was seen as nonpartisan super emergency management person, if you will. and that's the guy running fema. the president is getting constant updates. you've got to wait it out. you've got to find out a middle storm. and you're managing and brought everything in and waiting for the storm to pass to figure out, okay, how bad is the cleanup? right now it's just hunker down. >> hold on. we got an update. sandy is now a post tropical cyclone, stil
Search Results 0 to 2 of about 3 (some duplicates have been removed)